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What is the full form of "RONA"? - Practice (Sanskrit) - ObjectiveMcq

HomePracticeAbbreviationsBasicsWhat is the full form of "RONA"?...

Basics AbbreviationsMedium

What is the full form of "RONA"?

Correct Answer: A — Return on Net Assets

Explanation:

Return on net assets (RONA) is a measure of financial performance calculated as net profit divided by the sum of fixed assets and net working capital. Net profit is also called net income.

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